Jio Platforms has advanced rapidly toward listing after filing its DRHP in June 2026 and receiving SEBI’s final observations on August 28, clearing the path for a fresh-issue IPO targeting roughly ₹37,700 crore. Global investor roadshows began in mid-September across major financial centers, signaling strong institutional interest and positioning the offering—expected in late October or early November around the festive window—as potentially India’s largest. Proceeds will primarily repay subsidiary debt while funding 5G expansion, fixed broadband, AI-native services, and planned low-earth-orbit satellite initiatives. Robust FY26 results, with revenue of ₹1.47 trillion and profit after tax near ₹30,000 crore, alongside backing from investors including Google and Meta, underpin trader confidence in a successful 2026 debut absent last-minute regulatory or market disruptions.